Housebuilder rescues stalled Lancashire scheme
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Cheshire housebuilder Elan Homes has stepped in to rescue a stalled housing development in the Fylde coast village of Wrea Green.
The Ellesmere Port-based independent housebuilder has acquired a part-built site to the west of Bryning Lane, Wrea Green.
Work on the scheme ceased when the previous developers, Hollinwood Homes, went into administration in October 2019.
Elan is set to re-start construction imminently, with the homes due to be released for sale in the summer.
The site will be called Wrea Green Meadows. It will comprise 36 homes in total, which are at varying stages of build.
Eight of the homes have previously been completed and sold. Elan will deliver the remaining 28 homes.
It’s the second Lancashire site acquired by Elan this year. The homebuilder has acquired 10.1 acres of land at Redwood Point in Marton Moss, near Lytham. Known as Redwood Gardens, the development will offer 86 new homes.
Philip Palmer, land director for Elan Homes in the North, said: “Moving into Lancashire is part of Elan’s growth strategy, as we look to expand in terms of the geographic area we cover and the total number of homes we build.
“Between them, our two new sites in Blackpool and Wrea Green will deliver more than 100 new homes, helping to satisfy demand and keep the market moving in those specific areas of Lancashire.”
He added: “Wrea Green is a sought after village, where people aspire to live and we appreciate the existing residents’ frustrations at work there having stalled under the previous owners.
“We’re eager to start construction at the earliest opportunity in order to complete the site and provide the high quality housing people want and need.”
The homes Elan are building in Wrea Green enjoy an idyllic location, with the site bounded by open countryside on two sides.
The central village green and other local amenities are just a five minute walk away, plus the highly desirable Victorian seaside town of Lytham is only four miles, or a 10-minute drive, away.
Manchester-based Landwood Group marketed the site on behalf of the administrators. Holly Surplice, Landwood’s associate director, said: “We are delighted to have played a key role in securing the future of this housing development by securing a buyer on behalf of the administrators, following an open market tender process.
“Parkwood Chase represents an exceptional development opportunity, within a residential market where demand for quality homes is high and in an area well known to us.
“The village of Wrea Green is noted for being picturesque and well kept, so we are pleased to see this site acquired by Elan Homes, who are committed to implementing the consented scheme.”